Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/103500 
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers No. 8473
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This study investigates the relationship between university quality and graduate starting salaries using pooled Australian data from the Graduate Destination survey and a two-stage estimation methodology. The results suggest that average starting salaries for young undergraduates differ significantly across universities after controlling for relevant confounding factors, though the range of university effects is fairly small in relation to other salary determinants, particularly course area. The results are robust to alternative specifications and suggest that employers generally do not place salary premia on attending a high-quality or prestigious university, at least upon workforce entry.
Subjects: 
human capital
returns to education
university choice
JEL: 
A22
I23
J24
Document Type: 
Working Paper

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